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<h1>Superannuation Fund Contributions Not Restricted by CBDT Notification</h1> The High Court of Bombay held that contributions to a superannuation fund are not restricted by a CBDT notification, affirming that deductions permitted ... Business Expenditure, Central Board Of Direct Taxes The High Court of Bombay considered whether contributions to a superannuation fund are covered by a notification from the CBDT. The court ruled in favor of the assessee, stating that the CBDT's notification cannot limit deductions allowed by the Income-tax Act, 1961. The reference was disposed of accordingly.